EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
BRUSSELS (AP) — EU countries approved a plan worth 6 billion euros ($6.45 billion) to support Western Balkan states on Tuesday aimed at accelerating reforms and economic growth in the region, as they seek future membership in the bloc.
The Council of the European Union said the plan, which covers the period from 2024 to 2027, is expected to provide up to 2 billion euros in grants ($2.15 billion) and 4 billion euros ($4.3 billion) in loans. Aid is contingent on reforms that would bring Western Balkan economies in line with EU rules.
“The facility will support a range of socio-economic and fundamental reforms, including reforms related to the rule of law and fundamental rights,” the Council said.
The region’s six countries — Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia — are at different stages in their applications for membership, but residents have been frustrated with the slow pace of the process. Croatia was the last country to be accepted by the EU in 2013.
Related articles
Top clubs urge Brazil's soccer federation to suspend league matches because of flooding
SAO PAULO (AP) — Three top-tier clubs on Monday urged Brazil’s soccer federation to suspend their na2024-05-07Bernie Williams is back in center
NEW YORK (AP) — Bernie Williams was in the center, just like the old days at Yankee Stadium. Only th2024-05-07The TikTok law kicks off a new showdown between Beijing and Washington. What's coming next?
WASHINGTON (AP) — TikTok is gearing up for a legal fight against a U.S. law that would force the soc2024-05-07Line Of Duty star Martin Compston reveals a major update on the future of the BBC crime drama
Line Of Duty star Marin Compston has dashed fans' hopes of an imminent seventh series as he revealed2024-05-07Rangers put rookie outfielder Wyatt Langford on the injured list with a right hamstring strain
OAKLAND, Calif. (AP) — Texas Rangers rookie outfielder Wyatt Langford was placed on the 10-day injur2024-05-07New York City to require warning labels for sugary foods and drinks in chain restaurants
NEW YORK (AP) — New York City residents may soon see warning labels next to sugary foods and drinks2024-05-07
atest comment